Abstract
According to the classical rules of economics, performance measure in physical or value terms is considered to be the main criterion for enterprise size characterization. Accuracy of the enterprise size parameter possesses not only methodological value but is also the key aspect of economic management, because the value of current production costs is directly associated with the enterprise size and defined by the production quantity released in physical or value terms. The article discusses an institutional approach to the enterprise size and production cost analysis and optimization.
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Demidenko, D.S., Malevskaia-malevich, E.D. (2017). Institutional Approach to Enterprise Production Cost Analysis and Optimization. In: Bilgin, M., Danis, H., Demir, E., Can, U. (eds) Financial Environment and Business Development. Eurasian Studies in Business and Economics, vol 4. Springer, Cham. https://doi.org/10.1007/978-3-319-39919-5_43
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DOI: https://doi.org/10.1007/978-3-319-39919-5_43
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